BC_76
2023-11-03

Pfizer announced results that kind of within expectations. First reactions was dipped below 30 dollars as it wasn't fantastic. Then it went back up above 30 dollars and hit 31. At current price of 30.6, I am more optimistic on Pfizer going forward in the next few quarters as it is developing more products and depending less on Covid vaccines. The story on less profits from Covid should end soon with the latest results as it already reduce the forward guidance and future results will be less impactful. I strongly believe Pfizer is now severely undervalued. Let's see how share price will perform in next two quarters. Dyodd. 

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Comments

  • Ri_Love
    2023-11-04
    Ri_Love
    So we are betting on Phizer?- as in Covid booster?- because honestly in Australia- we are now not a fan- bit interested on your play here?!!
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